NEW YORK - Burlington Northern Santa Fe Corp. revealed in a regulatory filing Thursday (Oct. 30) that billionaire investor Warren Buffett's Berkshire Hathway Inc. on Oct. 28 bought 825,000 shares of the Fort Worth, Texas-based company, RRT News reports.
The shares were bought at a price of $79.65 per share. Berkshire now has 64.61 million shares in the nation's second-largest railroad.
BNI closed Thursday's regular trade at $86.59, up $1.54 or 1.81%, on 5.16 million shares.
(This item was distributed by RTT News Oct. 31, 2008.)
